Europe

Chazen Global Insights

Ongoing financial volatility in emerging economies is fueling debate about whether the so-called “Fragile Five” — Brazil, India, Indonesia, South Africa, and Turkey — should be viewed as victims of their excessive integration into global financial markets.

Who, if anyone, can predict the future of the world economy? Glenn Hubbard, the Russell L. Carson Professor of Finance and Economics and dean of Columbia Business School, separates the known from the unknowable.

Five years after Lehman Brothers collapsed, no one in the United States or Europe can claim that prosperity has returned, says Joseph E. Stiglitz, a Nobel Laureate and University Professor at Columbia University.

Christine Lagarde, head of the IMF, says the glass ceiling is only part of the gender inequality problem. The broader question: do women have the same opportunities to participate in labor markets in the first place?

For emerging markets, nirvana is over; but, in some cases, their citizens have no inkling of the suffering that may be upon them, says the former finance minister of Chile and a visiting professor at Columbia University.

The former chancellor of Austria lays out a case for a free-trade agreement between the United States and the European Union. The barrier: many Europeans tend to overemphasize risk when assessing opportunities.